History of law and economics captures the rise of law and economics as a central discipline in the legal academy and provides a wonderful introduction to the pioneering figures who forged this path and their major intellectual contributions the volume also addresses the challenges posed by behavioral economics the future of law and . Law and economics or economic analysis of law is the application of economic theory specifically microeconomic theory to the analysis of law that began mostly with scholars from the chicago school of economicseconomic concepts are used to explain the effects of laws to assess which legal rules are economically efficient and to predict which legal rules will be promulgated. As a result a vibrant field has emerged in which people trained in law economics history and political science have all made significant contributions this volume brings together the most important works examining legal history from an economic perspective an original introduction by the editor provides a useful roadmap to the field. alain marciano journal of the history of economic thought history of law and economics captures the rise of law and economics as a central discipline in the legal academy and provides a wonderful introduction to the pioneering figures who forged this path and their major intellectual contributions. 66 history of law and economics 0200 industrial regulation labour law and tax law law and economics has the ambition of applying the economic approach not merely to these areas of economic regulation readily associated with economics but to all areas of law in particular to the core of the common law
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